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China Launches New Company To Construct Larger Passenger Ai
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Joined: 23 Aug 2007
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Posted: Mon May 12, 2008 9:26 am    Post subject: China Launches New Company To Construct Larger Passenger Ai  



Aims To Compete with Airbus, Boeing By 2020 Chinese officials in Shanghai announced Sunday the inauguration of a new passenger aircraft company focused on the development of a 150-seat airliner. The Commercial Aircraft Corporation of China Ltd. (CACC) aims to compete with the Boeing Co. and Airbus as the Chinese domestic and international travel market expands.

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